November 18, 20240 Comments

MicroStrategy makes record bitcoin purchase for $4.6 billion By Investing.com

Investing.com – MicroStrategy Incorporated (NASDAQ:) added 52,000 bitcoins to its portfolio worth $4.6 billion over the last week, marking the largest purchase in the company’s history, software firm disclosed in a regulatory filing on Monday. MicroStrategy’s shares surged 9%, reaching $371, with the stock having quintupled in value so far this year. has been rallying since Donald Trump’s election as U.S. president driven by expectations of regulatory easing, and breached the

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November 15, 20240 Comments

US hacker sentenced over Bitcoin heist worth billions

A hacker has been sentenced to five years in a US prison for laundering the proceeds of one of the biggest ever cryptocurrency thefts. Ilya Lichtenstein pleaded guilty last year in the case involving the Bitfinex cryptocurrency exchange being hacked in 2016 and the theft of almost 120,000 bitcoin. He laundered the stolen cryptocurrency with the help of his wife Heather Morgan, who used the alias Razzlekhan to promote her

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November 11, 20240 Comments

Bitcoin surges to record high on Trump bets By Reuters

SINGAPORE (Reuters) – soared to record high of over $81,000 on Monday (NASDAQ:) as Donald Trump’s victory in the U.S. presidential election along with pro-crypto candidates being voted to the Congress spurred expectations of a light-handed regulatory environment. Bitcoin, the world’s biggest and best-known cryptocurrency, has more than doubled from the year’s low of $38,505 it hit on Jan. 23. It was last at $80,829 in Asian hours having touched

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November 11, 20240 Comments

Bitcoin tops record $80,000 as Trump nears sweep of US Congress

The price of bitcoin has risen above $80,000 (£62,000) for the first time ever, after Donald Trump’s decisive victory in the US election last week. It comes as the Republicans are edging closer to overall control of Congress after having already secured the presidency and a majority in the Senate. On the campaign trail the president-elect pledged to make the US “the crypto capital of the planet”. The value of

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November 10, 20240 Comments

US shares, Bitcoin hit record high and dollar soars on Trump win

US shares hit record highs on Wall Street and the dollar posted its biggest gain in eight years as Donald Trump was re-elected to the White House in a historic win. Bitcoin also hit an all-time high, following Trump’s election promise to prioritise the volatile crypto currency. Investors were, however, betting that Trump’s plan to cut taxes and raise tariffs will push up inflation and reduce the pace of interest

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